Bloomberg Wealth: Where to Invest $1,400

Source: Bloomberg By Charlie Wells The money is pouring in. Stimulus, that is: $242 billion sent to 90 million households, with many deposits hitting bank accounts on Wednesday. It’s the largest of the three stimulus rounds, with up to $1,400 sent to each...

Calibrate Your Emergency Fund to a Crisis-Prone World

Source: Nerd Wallet It took a pandemic to convince Americans to take saving money seriously. For years, Americans set aside 7%-8% of their income. In a knee-jerk reaction to COVID-19, people stashed cash at a historic level. According to the U.S. Bureau of Economic...

4 ways to get better returns than CDs

Source: Fidelity If you’re looking for a safe place to store your money while earning a return, you might be thinking about opening a certificate of deposit. A CD is similar to a traditional savings account, but your bank will pay you a higher interest rate in...